SHIB Metaverse? Cantor's $4B BTC Buy? July 16, 2025 INSANE Crypto News!

Top Crypto News of July 16, 2025 --- 1/ Banks Race into Stablecoins Bank of America is developing its own USDpegged stablecoin, while Morgan Stanley, Citigroup, and JPMorgan signal interest?backed by ?cryptofriendly? bills in Congress and Trump?s public support . This could mainstream stablecoin tech. --- 2/ Crypto Week Legislation Moves Congress is advancing three pivotal bills under ?Crypto Week?: GENIUS Act (stablecoin framework) Clarity Act (clear asset classification) AntiCBDC Surveillance State Act . Potential gamechanger for institutional crypto. --- 3/ Bitcoin & Ethereum Surging Markets jumped on GENIUS Act optimism: BTC hit near $120k (+2%), ETH at $3,288 (+8%). Coinbase & Circle stocks also climbed . --- 4/ ICP (Internet Computer) Rallies ICP posted a strong rally, supported by heavy volume (964k units) and volatility range of $0.39?part of broader altcoin strength . --- 5/ BNB, ETH, ADA Trends BNB topped $700 (3.17%), ETH surged to ~$3,202 (+5%),